The South African rand weakened as the central bank held interest rates steady at 7.50%.
Cryptocurrency adoption is accelerating in South Africa, with most citizens showing interest. While institutions like
South Africa is pushing for digital assets to be classified as onshore assets to enhance
J.P. Morgan downgrades South African equities from “overweight” to “neutral” due to concerns over economic
Revolut, with a valuation of $45 billion, seeks to enter South Africa’s digital banking market.